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Posts Tagged ‘Dale Strang’

SpinMedia to Cut Workforce by 15 Percent

spinmediaSpinMedia, owner of Vibe and Spin, is planning to cut 15 percent of its workforce, resulting in about 30 staffers losing their jobs. The New York Post reports that the company will also drop some of its smaller online properties, like absolutepunk.com.

Dale Strang, SpinMedia’s CEO, said that sites such as Idolator, CeleBuzz and The Superficial will stay around. The company is also sticking with its plan to publish Vibe as a quarterly magazine.

This is the second round of layoffs at SpinMedia in the last seven months. In February the company cut 50 people, hoping that would help make it profitable. Unfortunately for SpinMedia staffers, it appears the company is still short of that goal.

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SpinMedia Elects New CEO

Last week, we told you about SpinMedia’s plans to revive VIBE as a quarterly print publication. Today comes news of a much bigger VIBE imprint at the parent company.

DaleStrangPicSteve Hansen, who at the beginning of the year was promising to make the company profitable, is out as CEO. Replacing him is media vet Dale Strang (pictured). SpinMedia provided FishbowlNY with the following statement:

Effective today, Dale Strang has been elected chief executive officer of SpinMedia by the company’s Board of Directors. Strang, previously general manager of VIBE, has deep experience in digital media – including executive positions at IGN and Ziff Davis — that the Board believes will be instrumental in moving the company forward to maximize its growth potential and profitability. Steve Hansen made a great contribution to SpinMedia and its future as a next-generation digital media company, and will transition into a role as a strategic advisor.

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